GOL announces resignation of CFO

São Paulo, July 19, 2012 – GOL Linhas Aéreas Inteligentes S.A. (BM&FBovespa: GOLL4 and NYSE: GOL), (S&P: B+, Fitch: B+, Moody`s: B3), the largest low-cost, low-far airline in Latin America, in accordance with the provisions of Instruction 358/2002 of the Brazilian Securities and Exchange Commission (“CVM”), hereby notifies its shareholders and the market in general that on July 17, 2012, Leonardo Porciúncula Gomes Pereira, Vice-President of Finance and Strategy and Investor Relations was indicated by Finance Minister Guido Mantega to become the new President of the CVM. The indication of Leonardo Gomes Pereira, who is an economist and engineer, will be referred for approval by the Senate.

Due to this nomination, Leonardo Porciúncula Gomes Pereira presented today his resignation as Investor Relations Officer, to be effective on July 24, 2012. On the same date, Edmar Prado Lopes Neto will be elected at a Board of Directors meeting for the position of Investor Relations Officer together with his current position as Financial Director. Mr. Edmar Lopes joined the Company in 2011 as Capital Markets Director. Leonardo continues to exercise its role as Vice President of Finance and Strategy in the Company until the approval of his indication as President of CVM by the Senate.